Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. The company offers GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a hydrogen fueling delivery, generation, storage, and dispensing systems; GenCare, which is an ongoing maintenance program for GenDrive fuel cells, GenSure products, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides scalable modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, a turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology that is used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFund, which offers financing solutions to customers. The company offers its products to distribution and manufacturing businesses, and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electrical industrial apparatus
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:PLUG
Previous Symbol
CUSIPN/A
Phone518-782-7700
Debt
Debt-to-Equity Ratio10.93
Current Ratio1.06
Quick Ratio0.60
Price-To-Earnings
Trailing P/E Ratio-3.00
Forward P/E Ratio-5.45
P/E GrowthN/A
Sales & Book Value
Annual Sales$103.26 million
Price / Sales4.07
Cash FlowN/A
Price / CashN/A
Book Value$0.06 per share
Price / Book30.00
Profitability
EPS (Most Recent Fiscal Year)($0.60)
Net Income$-127,080,000.00
Net Margins-52.31%
Return on Equity-170.62%
Return on Assets-23.98%
Miscellaneous
Employees644
Outstanding Shares233,390,000
Market Cap$415.43 million
OptionableOptionable
Plug Power (NASDAQ:PLUG) Frequently Asked Questions
What is Plug Power's stock symbol?
Plug Power trades on the NASDAQ under the ticker symbol "PLUG."
How were Plug Power's earnings last quarter?
Plug Power Inc (NASDAQ:PLUG) announced its quarterly earnings results on Thursday, November, 8th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.01. The electronics maker earned $55.30 million during the quarter, compared to analyst estimates of $50.44 million. Plug Power had a negative net margin of 52.31% and a negative return on equity of 170.62%. The firm's revenue was down 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.06) EPS. View Plug Power's Earnings History.
When is Plug Power's next earnings date?
What guidance has Plug Power issued on next quarter's earnings?
Plug Power issued an update on its FY 2018 earnings guidance on Tuesday, October, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $175-190 million, compared to the consensus revenue estimate of $169.5 million.
What price target have analysts set for PLUG?
6 analysts have issued 12-month price targets for Plug Power's shares. Their predictions range from $2.50 to $5.00. On average, they expect Plug Power's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 95.5% from the stock's current price. View Analyst Price Targets for Plug Power.
What is the consensus analysts' recommendation for Plug Power?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plug Power.
Has Plug Power been receiving favorable news coverage?
Press coverage about PLUG stock has trended very positive this week, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Plug Power earned a news sentiment score of 3.1 on InfoTrie's scale. They also assigned headlines about the electronics maker a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the immediate future.
Are investors shorting Plug Power?
Plug Power saw a increase in short interest in October. As of October 31st, there was short interest totalling 35,087,199 shares, an increase of 4.1% from the October 15th total of 36,574,894 shares. Based on an average daily volume of 2,342,888 shares, the days-to-cover ratio is currently 15.0 days. Currently, 16.6% of the company's stock are sold short. View Plug Power's Current Options Chain.
Who are some of Plug Power's key competitors?
Who are Plug Power's key executives?
Plug Power's management team includes the folowing people:
- Mr. George C. McNamee, Co-Founder & Chairman (Age 71)
- Mr. Andrew J. Marsh, Pres, CEO & Director (Age 62)
- Mr. Paul B. Middleton, Sr. VP & CFO (Age 51)
- Mr. Keith C. Schmid, Sr. VP & COO (Age 55)
- Mr. Gerard L. Conway Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 53)
Who are Plug Power's major shareholders?
Plug Power's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.86%), State of New Jersey Common Pension Fund D (2.14%), Morgan Stanley (0.77%), Bank of New York Mellon Corp (0.39%), TIAA CREF Investment Management LLC (0.28%) and NJ State Employees Deferred Compensation Plan (0.13%). Company insiders that own Plug Power stock include George C Mcnamee, Gerard L Conway Jr, Gregory B Graves and Liquide Investissements D' Air. View Institutional Ownership Trends for Plug Power.
Which institutional investors are selling Plug Power stock?
PLUG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Credit Suisse AG, Bank of New York Mellon Corp, TIAA CREF Investment Management LLC and NJ State Employees Deferred Compensation Plan. Company insiders that have sold Plug Power company stock in the last year include Gerard L Conway Jr and Gregory B Graves. View Insider Buying and Selling for Plug Power.
Which institutional investors are buying Plug Power stock?
PLUG stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., State of New Jersey Common Pension Fund D, Alps Advisors Inc. and Mirae Asset Global Investments Co. Ltd.. View Insider Buying and Selling for Plug Power.
How do I buy shares of Plug Power?
Shares of PLUG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Plug Power's stock price today?
One share of PLUG stock can currently be purchased for approximately $1.79.
How big of a company is Plug Power?
Plug Power has a market capitalization of $415.43 million and generates $103.26 million in revenue each year. The electronics maker earns $-127,080,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis. Plug Power employs 644 workers across the globe.
What is Plug Power's official website?
How can I contact Plug Power?
Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The electronics maker can be reached via phone at 518-782-7700 or via email at [email protected]
MarketBeat Community Rating for Plug Power (NASDAQ PLUG)
MarketBeat's community ratings are surveys of what our community members think about Plug Power and other stocks. Vote "Outperform" if you believe PLUG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLUG will underperform the S&P 500 over the long term. You may vote once every thirty days.
